American Green Inc (ERBB)

[Bangat]

Shearin said the company has made a $200,000 down payment and is testing Nipton’s water as part of its due diligence. If all goes well, it will pay an additional $1.8 million in cash and take possession of the property Beyond the $5 million sale price, the company expects to invest up to $2.5 million more to improve the town’s infrastructure and expand the solar plant to offset the energy demands of marijuana production, Shearin said http://www.kvue.com/news/nation-world/nipton-calif-american-green-offer/461892492